💥 $BASED ‌ The waterfall decline, is it really returning to the origin?

BASED The previous rally was too strong, igniting retail investor sentiment all the way, with funds continuously entering on the chase. When it reached a high, the main players concentrated on taking profits, directly triggering a stampede-like drop, with low-position chips also crashing, and those who bought at the high being caught.
The current market situation is very clear, market sentiment has obviously weakened, on-chain funds are continuously flowing out, and there is almost no support below, leading to an intensification of the decline. In this situation, the rebound is more of an opportunity for bulls to escape rather than a sign of reversal.
Never rush to buy the dip, the main players have already withdrawn, and in the high rebound, it’s better to consider a trend-following short strategy. When shorting, also control the pace to avoid chasing at extreme levels.
In a downtrend, surviving is more important than bottom-fishing; if the direction is wrong, no matter how many operations you do, it will be a loss.